Air Cadet Charity CIO
Registered charity 1160910 · accounts filings on the Charity Commission register · also known as AIR CADETS CORPS GENERAL PURPOSES FUND, THE AIR TRAINING CORPS GENERAL PURPOSES FUND CHARITABLE INCORPORATED TRUST CIO
Financial health, per its FY2024 accounts
The accounts state that the charity holds free reserves of £2,625,601, which the trustees consider sufficient to cover at least one year's operating costs. The charity reports a healthy financial position with a net movement in funds of £599,118 for the year, driven by investment gains and strong incoming resources. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: sufficient to cover at least one year's operating costs (held: £2.6m)
“The level of free reserves at 31 March 2024 was £2,625,601. 'Free reserves' are the level of funds readily available to the Charity and are made up from the unrestricted funds less amounts tied up in fixed assets and long-term investments. This reserve is sufficient to cover at least one year's operating costs, providing a financial buffer in case of unexpected income declines or the need to wind down operations.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Royal Air Force Charitable Trust
“In the year ended 31 March, the charity received £42,400 (2023: £40,000) in grants from the Charitable Trust.”
“Payment of grants directly to the squadrons, wings and regions of the ATC and purchases of equipment for them are shown in note 6 above.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Air Training Corps
“In the year ended 31 March, the charity received £42,400 (2023: £40,000) in grants from the Charitable Trust.”
“Payment of grants directly to the squadrons, wings and regions of the ATC and purchases of equipment for them are shown in note 6 above.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Wright Vigar Limited.
Leadership, per the charity’s website
- Mark Osman — Chair of Trustees (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~33.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Register events
- Received assets from another charity (04/06/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (04/06/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (04/06/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustees
- Mark Osmanchair
- Abigail Lamb
- Darryn Rawlins OBE
- Hemma Gooljar · trustee of 1 other charity
- Hetna Patel
- Julian Van Loxton
- Kevin Limbert
- Martin Hoare
- Norman Murray CBE
- Oliver Jones-Davies
- Sally Fernandes
- Victoria Sarah Gridley
Trustee list from the Charity Commission register (current, not historical).
Operates in: Cyprus · Germany · Gibraltar · Northern Ireland · Scotland · Throughout England And Wales
Income and spending
Common questions
Is Air Cadet Charity CIO financially healthy?
The accounts state that the charity holds free reserves of £2,625,601, which the trustees consider sufficient to cover at least one year's operating costs. The charity reports a healthy financial position with a net movement in funds of £599,118 for the year, driven by investment gains and strong incoming resources. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Wright Vigar Limited.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with ARMY AIR CORPS CHARITY.